Bata India Ltd.

NSE: BATAINDIA | BSE: 500043 | ISIN: INE176A01028 | Industry: Footwear
| Mid-range Performer
1259.2000 16.40 (1.32%)
NSE Sep 12, 2025 15:31 PM
Volume: 206.1K
 

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Bata India Ltd.
11 Nov 2020
1259.20
1.32%
Axis Direct
We turn positive on the stock from a long term perspective given immense growth potential and revise our rating from SELL to HOLD with TP of Rs. 1,308 (earlier Rs.1,150/share) and continue to value it at a target multiple of 40x PE its FY23E EPS.
Bata India Ltd. is trading below its 200 day SMA of 1261.2
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